Topic: Was Bitcoin actually just a Pump and Dump? - page 2. (Read 45023 times)
It might have beena pump motor and get rid of, but it do create power to the point where almosll majour banking institutions have blockchain technology Urt a
Good theory but I don't see any such possibility. There are some early adopters who are leaving or reducing their involvement in Bitcoin but that doesn't mean that there is anything on Bitcoin's side. Bitcoin is still in the early phase and hence there is volatility is taking place and during this journey, we have experienced sharp ups and downs in the price when everyone tried either to exit with their profit or loss or wanted to make more money but that doesn't mean we should label it as a pump and dump.
That may be the case of others' point of view when they look at the graph that whenever bitcoin encounters a dip of its market value, it always comes back and shines. So it might be that it's a matter of pump and dump where dumping causes the bitcoin's price to plummet and they will pump it again so the market value will go high.
It is not pump and dump because it is more on pumping so it is better to say that bitcoin is pump and pump. Bitcoin may have dumping days but it is just temporary and after a few days or weeks then it will go pump hard again and it will have a bullish market for a lot of weeks which is pretty awesome because it is showing that bitcoin is more into pump and pump not pump and dump.
Why do you not say after few months, few years? 
In my opinion, the price of Bitcoin is really depends on pump and dump, of course, with a young trading market as Bitcoin, it is reasonable for the growth and attract more investors.
Yes that's true, more investors will be attracted nowadays specially the price records on the recent days passed was surprisingly high. Pump and dump of bitcoins was a result of how investors decide it whether they will sell or buy bitcoins for their holding purposes like of making it as their investment assets. Many people this year 2017 had been doing great profitable investments, which probably improved their status of living because of bitcoin holding.
This is an open discussion, so your thoughts more than welcome.
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
which makes the bitcoin price move in terms of market demand factor, if seen from the many people in the world only 25% know the benefits of bitcoin transactions, if they all know the benefits of having bitcoin then all will want to buy bitcoin and have bitcoin this could be the trigger price increase because the harder bitcoin to get.
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.Indeed! Pump and dump is the ñormal and common situation in trading. It is because of the flow of the increasing demand of bitcoin. A good trader must know how to handle those kind of situation.
pretend that there is a bullish situation or bearish created by some people with large amount of capital so it looks natural but actually once some people get trapped and those people who did the pump/dump have got their benefit , then the action ended causing the market chaos . it could be done in small market only i guess.
You have a good argument in that if it does get regulated the price of bitcoin may drop. But it is very difficult to regulate bitcoin and even if they do, the population of people using bitcoin is now very huge. As what they say about the banking industry, it is too big to fail.
It is not pump and dump because it is more on pumping so it is better to say that bitcoin is pump and pump. Bitcoin may have dumping days but it is just temporary and after a few days or weeks then it will go pump hard again and it will have a bullish market for a lot of weeks which is pretty awesome because it is showing that bitcoin is more into pump and pump not pump and dump.
Why do you not say after few months, few years? In my opinion, the price of Bitcoin is really depends on pump and dump, of course, with a young trading market as Bitcoin, it is reasonable for the growth and attract more investors.
It is not pump and dump because it is more on pumping so it is better to say that bitcoin is pump and pump. Bitcoin may have dumping days but it is just temporary and after a few days or weeks then it will go pump hard again and it will have a bullish market for a lot of weeks which is pretty awesome because it is showing that bitcoin is more into pump and pump not pump and dump.
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.Indeed! Pump and dump is the ñormal and common situation in trading. It is because of the flow of the increasing demand of bitcoin. A good trader must know how to handle those kind of situation.
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.Indeed! Pump and dump is the ñormal and common situation in trading. It is because of the flow of the increasing demand of bitcoin. A good trader must know how to handle those kind of situation.
This is what makes us interested in trading, when all the analysis is not useful then the money owner must pump to get profit and dump again to be able to buy cheaply. this is trading, so do not ever think this is natural.
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.Indeed! Pump and dump is the ñormal and common situation in trading. It is because of the flow of the increasing demand of bitcoin. A good trader must know how to handle those kind of situation.
I am a bit worried about the development of the mining process. Since the bitcoin blockchain is growing and growing it is becoming harder for "normal" backers to mine bitcoins...
Is there anything in progress to prevent bitcoin mining from moving into centralized mining companies? Is there a way to make bitcoin mining possible for "everyone" in order to follow the blockchains original idea of decentralization?
Thank you for sharing your ideas with me!
Is there anything in progress to prevent bitcoin mining from moving into centralized mining companies? Is there a way to make bitcoin mining possible for "everyone" in order to follow the blockchains original idea of decentralization?
Thank you for sharing your ideas with me!
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.
See... this question was asked 3 years ago.
If you had bought and HEDL, you would have made a lot of money by today.
Same applies to today's BTC price.
If you had bought and HEDL, you would have made a lot of money by today.
Same applies to today's BTC price.
So it was a huge pump and dump afterall huh. Well accomplished, scammers. Effectively done.
Bitcoin is not a pump and dump, bitcoin is just like any other asset and the price can change and since bitcoin is so new then the price has a tendency to move a lot some people see this as a scam but it is not they are just bitter because they have lost so much money due to their own mistakes.i don't think bitcoin is a pump and dump it's the most stable crypto coin in the market the price stability of bitcoin depends on the demand and offer no more not like the other coin that only made for that reason
Exactly! There is no way that we can treat bitcoin as simply pump and dump. Bitcoin is in fact something more than that of pump and dump. Pump and dump is very much obvious thing and it is not only in case of bitcoin. In fact, we see this concept of rise and fall in the market price in most of the cases. The basic reason behind this pump and dump is the demand of bitcoin in the market.
Nope it was a real genuine crypto with mass functions which can be used with any kind of business in today's world
i dont think the pump d dump is anywhere near over
Exactly you can’t say about bitcoin like it is the game of pumps or dumps. For altcoin yes, this stamen may fall true but bitcoin have different reputation in this regard. All these up going and then falling is the nature of bitcoin, don’t think about it as a flaw of it. And believe me the prices are so much high, all these are just because of these dips and pumps. So it is necessary for such amazing prices.
I'm also sure that there is great speculation of pump and dump bitcoin, if we see that the market cap has reached $ 100 billion would be a good opportunity for speculators to get profit from pump and dump.
Actually bitcoin is a digital currency and its related with trade when the trade is good so the price will be high and when the trade is low so the price will be low so no need to worry about it and its normal so I think we must continue with our work and need to take profit from bitcoin and I hope in future bitcoin price will be more high than ever. Jump to: